The Federal Government and Selangor state government have signed a memorandum of understanding on the restructuring of the water industry in Selangor, which includes construction of the much-needed Langat 2 water treatment plant.

Salcon may scale new high after holding above the 200-day MAV line.
Traders may opt to purchase the stock if it stays above MYR0.70 today, with a close below MYR0.68 as a stop-loss.
The price target is MYR0.80 if the MYR0.75 resistance is broken.
The may be Special Dividend in waiting.